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Found 1 result

  1. Luigi asks... the news article says it all. Could this simulation be in preparations to the RV? Not varified. Your opine. 2nd November, 2017 round the web... A simulation of the dinar exchange rate linked to a basket of currencies. A short search to experience the simulator about linking the Iraqi dinar to a basket of currencies with weights varying between 50% and 65% of the dollar and other currencies remaining price (Dr. Ahmed Ali Abrihi) … Click here https://cbi.iq/news/view/462 Walkingstick: (Translation) Note currencies … A simulation of the dinar exchange rate linked to a basket of currencies Dr. Ahmed Abrehi Ali Introduction: The dollar is often in the official international reserves and around the world, and thirdly, the adoption of foreign trade of Iraq on the dollar even with neighboring countries and Asia, Fourthly, most countries of the world depend on the dollar to intervene in the market. In Iraq, the central bank’s window is also operating in dollars, so we call it the currency of the window. , Exchange is called intervention currency The stabilization of the national currency by a basket of currencies, which is among the world’s exchange-rate regimes, as well as strict or flexible bilateral linkage. Therefore It is proposed that the dinar be pegged to a basket of major currencies, international reserve currencies, dominant in foreign trade and capital markets, United States Dollars. But Iraq has been used to favoring bilateral ties in its monetary history and to this day. It is no secret to the followers of the argument of bilateral linkage and dollars in particular. That the source of foreign currency to Iraq is the dollar first, and secondly the dollar is often in official international reserves and about 65 percent in Third, Iraq’s foreign trade depends on the dollar’s currency, even with neighboring and Asian countries, and the fourth most countries depend on the dollar to intervene in the market. Exchange is called the intervention currency, and in Iraq also operates the window of the central bank in dollars and so we call the currency of the window. However, it is necessary to interact with the currency basket proposal and to discover patterns of exchange rate movement under this system. For those interested and decision-makers to consider the performance of this system and how it differs from the bilateral link. The exchange rate of the dinar linked to a basket of currencies of varying weights: In this note, a review of the exchange rate of the Euro, Pound Sterling, Yen and Swiss currency against the Dollar since the beginning of 1999. Then we assumed The Iraqi dinar was pegged to a basket of currencies according to three alternatives to weights between the first of January 1999, the beginning of the euro, and the beginning of the 10th of 2017.
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